Kazakhstan intends to introduce tax breaks and subsidies for major foreign investors, the industry minister Aset Isekeshev has announced. According to him, the privileges would be most likely offered to foreign investment projects topping USD 500mn with high added value. The privileges will include canceling taxes such as corporate income tax, property and land tax, and the government will provide guaranteed state order and a series of industrial subsidies, the minister said. He also proposed giving up fixed tax rates for investors who pursue non-energy projects in Kazakhstan. |
Kazakhstan is in talks over McDonald's enter to the Kazakh market, President of the Eurasian Franchising Association, Beknur Kissikov has said. He added that the main reasons that McDonald's is ... more
Kazakhstan will establish institute for energy and energy effectiveness, deputy PM and Minister of Industry and New technologies Aset Isekeshev has informed. The new entity should start operating ... more
Kazakhstan plans to diminish oil products imports from Russia, according to Kuandyk Kulmurzin Director of oil industry development department in Oil and Gas Ministry. He explained that the reason ... more